NewsQuest to exit NY, charge flat fee

DENVER: Broadcast clipping and monitoring service NewsQuest is closing its New York office as part of a cost-cutting plan. But another move may prove a boon for clients, as it now plans to offer its services for a flat monthly fee rather than on a per-item basis.

DENVER: Broadcast clipping and monitoring service NewsQuest is closing its New York office as part of a cost-cutting plan. But another move may prove a boon for clients, as it now plans to offer its services for a flat monthly fee rather than on a per-item basis.

DENVER: Broadcast clipping and monitoring service NewsQuest is

closing its New York office as part of a cost-cutting plan. But another

move may prove a boon for clients, as it now plans to offer its services

for a flat monthly fee rather than on a per-item basis.



Former NewsQuest/NY employees will go to work for Advertising

Information Services in New York, an affiliated company, and service

area clients from there, according to president Darren Rogers. He added

that closing the NY office saved the company dollars 15,000 a month in

rent alone.



NewsQuest, which will soon change its name to News & Information

Services LLC, will now offer clients a dollars 2,500 monthly package

that includes 50 taped broadcast segments and 50 verbatim transcripts

gathered in New York, Chicago, Washington, Los Angeles, Philadelphia and

Denver. Previously, NewsQuest had charged dollars 95 per segment,

meaning that clients now get roughly twice as many clips (50 instead of

26) for the same amount of money.



A new dollars 4,500 monthly package offers 100 clips per month and a 25%

discount on access to its web site (www.nq1.com), where users can

conduct their own searches for items. The dollars 6,000 package offers

an unlimited number of clips and a Web discount.



’Our clientele wants a product that’s less expensive,’ Rogers said.

’With other clipping services, they’re paying for a lot of markets they

don’t really want.’



NewsQuest closed its St. Louis office last year, and now has outposts in

Philadelphia, Chicago and Denver.



The company, which bills itself as a premier service in recording,

monitoring and capturing radio and TV news stories, also boasts

affiliations with more than 125 monitoring services across the country.



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